Worksport opens AI-integrated distribution center in Louisiana

Worksport (WKSP) announced the opening of its new strategic distribution facility in Shreveport, Louisiana, designed to significantly enhance national shipping speed, lower logistics costs, and expand the Company’s growing distribution reach. The new facility is expected to support ongoing sales growth and margin expansion, in line with corporate growth initiatives detailed in recent Company updates. Management expects this distribution model to serve as pilot framework for the continued strategic U.S. sales and distribution expansion, including targeted Southeast, Texas, and West Coast distribution strategies. The Shreveport facility positions Worksport closer to several of its fastest growing states, enabling materially faster delivery times compared to previous routing. More than 50% of Worksport current customer base is expected to benefit from the expansion by now getting next day or two-day shipping, with Texas and Florida seeing the largest gains. Early modeling indicates approximate cost efficiencies of 10-15%, with roughly 12% savings in FedEx Zones 2 and 3. Worksport emphasizes that its initial objective is shipping speed and cost savings are expected to increase naturally as volume scales. The Company selected Louisiana for its central location within the Southeast shipping corridor and its proximity to major trucking routes feeding Texas and surrounding regions.